china-stocks-lower-at-close-of-trade-shanghai-composite-down-0.71

China stocks lower at close of trade; Shanghai Composite down 0.71%

© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.71%© Reuters. China stocks lower at close of trade; Shanghai Composite down 0.71%

Investing.com – China stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Shanghai, the lost 0.71%, while the index declined 0.87%.

The best performers of the session on the were Xining Special Steel Co Ltd (SS:), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Meanwhile, Yunnan Coal & Energy Co Ltd (SS:) added 10.10% or 0.290 points to end at 3.160 and Jiangsu Rutong Petro-Machinery Co Ltd (SS:) was up 10.04% or 1.170 points to 12.820 in late trade.

The worst performers of the session were Jiangsu Sunshine Co Ltd (SS:), which fell 9.09% or 0.240 points to trade at 2.400 at the close. Sunny Loan Top Co Ltd (SS:) declined 8.90% or 0.470 points to end at 4.810 and Beijing Tiantan Biological Products Corp Ltd (SS:) was down 8.12% or 1.570. points to 17.770.

The top performers on the SZSE Component were Goldleaf Jewelry Co Ltd (SZ:) which rose 10.04% to 3.07, Zhejiang Longsheng Auto Parts Co Ltd (SZ:) which was up 9.96% to settle at 11.15 and Zhongshan Broad-Ocean Motor Co Ltd (SZ:) which gained 9.90% to close at 4.44.

The worst performers were Beijing Thunisoft Co Ltd (SZ:) which was down 10.00% to 13.95 in late trade, Shenzhen Kangtai Biological Products Co Ltd (SZ:) which lost 9.98% to settle at 29.13 and Konfoong Materials International Co Ltd (SZ:) which was down 9.96% to 36.88 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 959 to 441 and 80 ended unchanged.

Shares in Konfoong Materials International Co Ltd (SZ:) fell to 52-week lows; losing 9.96% or 4.08 to 36.88.

The , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.31 a new 3-months low.

Gold Futures for February delivery was up 0.17% or 2.15 to $1291.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.51% or 0.78 to hit $50.81 a barrel, while the March Brent oil contract fell 1.32% or 0.80 to trade at $59.68 a barrel.

USD/CNY was up 0.06% to 6.7665, while EUR/CNY rose 0.07% to 7.7580.

The US Dollar Index Futures was up 0.00% at 95.268.

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